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Grassroots Rules: How the Iowa Caucus Helps Elect American Presidents (Stanford Law Books) ReviewThis well researched argument demonstrates that the caucus system gives power to the grassroots and neutralizes much of the power of big money.Iowa, Colorado, and just a handful of states still have this neighborhood system for getting the common persons input into the presidential election and to nominate candidates to the primary ballot for local elections.
The product of the Teddy Roosevelt progressive movement, the caucus was created along with the recall and initiative process.
States with direct primary elections should consider this book carefully, and the possibility of bringing back the caucus.
Here's what Ben Franklin had to say about the matter here in Colorado in 2008:
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